Manager - Treasury

About Company

Overview

ReNew is a leading decarbonisation solutions provider and the first Indian clean energy company to list on Nasdaq (Nasdaq: RNW). With ~28 GW of commissioned and pipeline utility-scale projects including manufacturing, we are a global company with strong Indian roots. Founded in 2011, ReNew is at the forefront of fighting climate change by offering decarbonisation solutions through utility-scale wind and solar offerings, green hydrogen, carbon markets, and energy storage. ReNew has been a pioneer in leveraging digital technologies to accelerate the transition to green energy and address the unique requirements of the B2B segment in India, where we are the market leader. Our mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew is the world’s first clean energy company to be recognised as a Lighthouse by the World Economic Forum. In 2023, we were recognised among ‘Top 15 Climate Tech Companies to Watch’ by the MIT Technology Review. We are a recipient of the Sustainable Market Initiative’s Terra Carta Seal. The COP28 UAE Presidency presented ReNew the ‘Energy Transition Changemaker’ award for developing and deploying the country’s first round-the-clock power project. ReNew’s solar and wind energy projects currently contribute to 1.9% of India’s power capacity and are spread across 150+ sites and 18 Indian states. We have helped prevent 0.5% of India’s total carbon emissions and 1.1% of India’s total power sector emissions, in addition to generating around 130,000 jobs over the past decade. ReNew generated 22+ billion kWh of clean energy during FY25, enough to power over 6 million Indian households annually, and helped avoid 18.6+ million tonnes of carbon emissions.

Website

Job Description

Key Responsibilities

1. Team Leadership

• Lead, mentor, and manage a team of 2–3 treasury executives.


• Allocate work, provide guidance, review output, and ensure timely completion of activities.


• Build capability within the team through training and performance management.


• Foster a culture of accuracy, compliance, and continuous improvement.

2. Bank Guarantees (BGs)

• Oversee end-to-end processes for issuance, amendment, renewal, and cancellation of bank guarantees.


• Monitor BG limits, validity, expiries, margins, and related documentation.


• Coordinate with banks and internal departments to ensure seamless operations.


• Maintain strong control and accurate MIS of BGs.

3. Investments: Fixed Deposits & Mutual Funds

• Manage investment operations for Fixed Deposits and Mutual Funds.


• Oversee placement, renewal, redemption, and tracking of returns.


• Ensure investment documentation, compliance, and timely reporting.


• Maintain updated investment registers and reports.

4. Documentation, Compliance & Controls

• Ensure strong internal controls and compliance across all treasury activities.


• Manage documentation for BGs, investments, loan facilities, and banking arrangements.


• Support statutory, internal, and bank audits with accurate data and timely responses.


• Ensure adherence to RBI guidelines and company policies.

5. Treasury Accounting

• Supervise accounting and reconciliation of treasury transactions.


• Track bank charges, interest income, and investment valuations.


• Review and approve accounting entries in ERP systems.

6. Bank Relationship Management

• Act as the primary contact for all banks and financial institutions.


• Negotiate rates, terms, limits, and fees for various treasury instruments.


• Manage credit documentation.


• Build and maintain strong banking relationships to support business needs.

7. Reporting & MIS

• Prepare and review MIS reports on cash flows, exposures, investments, and liquidity positions.


• Analyse trends, risks, and financial impacts to support decision-making.


• Present treasury insights and strategies to senior management.

Experience Required: 5 to 8 Years

Location: Gurugram

Education: CA/CMA